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Search Results 0 to 5 of about 6 (some duplicates have been removed)
then becomes can john boehner muster 40 or 45 republican votes and then use the 185 or 190 votes that nancy pelosi would deliver, potentially for a deal like 24 with no spending cuts to pass it there, tomorrow or the next day. the house side is unclear at this point. >> woodruff: so todd, you're saying as we sit here this evening, we're hearing there may be a senate vote tonight, the house may vote tomorrow. but at this point, it still is not known the outlines of what a potential deal would look like. >> i think the outlines are known on the tax side. and it was described accurately in your piece there, judy, with the tax rates at 450 for families, dividends would go up, the estate tax part of it. what is important is the one year extension on unemployment benefits. there are 2 million people set to lose their benefits, so that is all in there. everybody must keep in mind that no matter what happens, even if you are under 450 or 250 as the president has been discussing, your taxes are going up tonight because the payroll tax holiday expires, that happens for everybody. they're not going to
said he made phone calls last night to speaker boehner and house minority leader nancy pelosi, as well as senator reid and his opposite number, minority leader mitch mcconnell. but today, mcconnell gave no indication of movement. >> last night i told the president we'd be happy to look at whatever he proposes, but the truth is we're coming up against a hard deadline here, and as i said this is a conversation we should have had months ago. and republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> reporter: adding to the urgency, treasury secretary timothy geithner warned he'll have to begin taking "extraordinary measures" to postpone a government default. the government is on track to hit its borrowing limit on monday, he said with no prospect of congressional action to raise the limit. here now to help us unravel what's going on is todd zwillich. he's washington correspondent for "the takeaway" on public radio international. todd, welcome back. decode this for us. are the players privately a
Search Results 0 to 5 of about 6 (some duplicates have been removed)